Fairly mixed picture for auto sector: Sangeeta Purushottam, MD, Nine Rivers Capital

In a chat with ET Now, Sangeeta Purushottam, MD, Nine Rivers Capital, gives her views on auto sector.

ET Now: What is the view on autos?

Sangeeta Purushottam: At least, the rate cycle should benefit autos. Also, if we go along we do see a cut in commodity prices, that is something which is potentially positive for autos. But within that, it has become a fairly stock specific kind of story because on tractors or the agri piece, we are beginning to see some headwinds coming from a slowdown. Whether that translates into lower demand for 2 wheelers, one does not know. We are also coming off fairly high base. So it is going to be a fairly mixed picture as far as autos is concerned. I do not think it is a story where every stock in the sector will move.